HSBC appoints cash equity sales head in London

Hire of former SocGen and Citi salesman follows a strong first half for HSBC's equities business

By

Matt Turner in New York

August 29, 2014 Updated: 4:09 p.m. GMT

HSBC has hired a former cash equity sales head at Societe Generale and Citigroup to lead sales coverage for UK accounts, as it looks to build on a strong first-half showing in the business.

The UK bank has appointed Ian Burns, most recently at French bank Societe Generale, to head pan-European cash equity sales for UK clients, according to two people familiar with the appointment. He will join after a period of gardening leave and...